Author: Romil Sethi
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India: Sponge iron prices rally on rising steel prices – 5 Apr
Sponge iron prices rise INR 450-1,050/t Spot transactions record a hike Billet prices increase by INR 500-1,550/t today India’s sponge iron market witnessed a significant price rise, ranging between INR 450-1,050/tonne (t) across primary locations. This surge can be attributed to rising billet prices, especially in Mandi-Gobindgarh where prices rose by INR 1,550/t followed by…